Global property portal releases new research on real estate in BD

Safety and security drive house-hunters’ decisions about where to live, with these factors trumping other concerns such as location and affordability, according to a new report on Bangladesh’s property market.

New law to raise compensation for land acquired by govt

The Cabinet has cleared a new law, which raises compensation for land acquired by government to three times the property’s price, reports bdnews24.com Monday’s regular Cabinet meeting chaired by Prime Minister Sheikh Hasina okayed on principle the draft of the new law. The draft has been forwarded to the law ministry for further scrutiny before

Proposal to reduce withholding tax rates for real estate sector

With a plan to relieve big cities including Dhaka of the pressure of excessive population, Finance Minister AMA Muhith today proposed to reduce withholding tax rates for real estate sector in the 2016-17 fiscal year budget. The finance minister in an explanation said that this move, if implemented, will encourage people to buy small sized

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